#walrus $WAL

Walrus competes with decentralized storage platforms like Filecoin and Arweave. In comparison to its rivals:

Walrus distinguishes itself with its low costs, attributed to Red Stuff encoding, deep integration with Sui, and strong scalability potential. Walrus claims to potentially reduce storage costs by up to 100 times compared to Filecoin and Arweave, while also supporting programmable storage, making it well-suited for web3 applications